Doing Business in Seychelles - Victoria

Subject (Course): International Trade and Business in Seychelles.

Syllabus:

1. Introduction to the Republic of Seychelles (East Africa).
2. Doing Business in Victoria
3. The Economy of Seychelles
4. International Trade of Seychelles
5. Custom procedures
6. Business and Investment Opportunities in Seychelles
     - Fisheries
     - Offshore Industries
     - Energy
     - Agriculture
     - Tourism
7. Seychelles Investment Board
8. Case Study: Seychelles Trading Company
9. Access to the Seychellois market

Objectives of the subject "Doing Business in the Republic of Seychelles":

1. To analyze the Seychellois economy and foreign trade
2. To evaluate business opportunities in Seychelles
3. To explore Seychelles' trade relations with the student's country
4. To know Seychelles' Free Trade Agreements
5. To examine the profile of Seychellois companies
6. To develop a business plan for the Seychellois market

Sample of the subject (Doing Business in Seychelles):

Subject Description (Doing Business in Seychelles).

The Republic of Seychelles (Africa).

Seychelles: the first African country by Human Development. One of the less corrupt countries in Africa.

1. Area: 455 km²
2. Capital: Victoria
3. Seychellois Population: 90,000
4. Adult literacy rate: 96%
5. Religion: 86% of Seychellois are Catholics
6. The official languages: Creole, English, and French
7. Independence: 1976 (UK)
8. Type of Government: Socialist Multi-Party Republic
9. Civil Law: based on the French Napoleonic Code. Criminal law: based on the British laws.
10. Nearest countries: Mozambique, the Comoros, and Mauritius

The Seychelles belongs to the East African Economic Area of the African Civilization.

The economy of Seychelles:

1. Seychellois GDP growth: 3.5%
2. Tertiary sector: 71% of GDP
3. The inflation: 4.4%
4. Top Seychellois sectors: tourism (29% of GDP), construction, private consumption, financial and insurance services, and information and communication technology
5. Top agricultural products: copra, cinnamon bark, and tea
6. Natural resources: fish, coconut, cinnamon, oil, and gas
7. Top Seychellois exports: canned tuna, fish, frozen prawns, cinnamon bark, medical appliances, and metals
8. Top trading partners: France, Germany, Italy, Japan, South Africa, Sri Lanka, the United Kingdom, the United States, the European Union (EU), and the COMESA (Common Market for Eastern and Southern Africa) countries
9. Currency: Seychelles Rupee (SCR)
10. Special Investment Zones

Seychelles has preferential access to...

1. Common Market for Eastern and Southern Africa (COMESA)
2. Southern African Development Community (SADC)
3. COMESA-EAC-SADC Tripartite Agreement
4. Indian Ocean Commission
5. The United States: AGOA Act - Trade and Investment Framework Agreement (COMESA)
6. Cotonou Agreement (European Union)
7. Free Trade Agreement (FTA) with India

Seychelles is a member of:

1. African Development Bank
2. Economic Commission for Africa (ECA)
3. New Partnership for Africa's Development (NEPAD)
4. African Union (AU)
5. Africa-South America Summit (ASA)
6. Indian-Ocean Rim Association (IORA)
7. Relationships with China and India